Earnings call briefThird-quarter 2026

Lockheed Martin raises 2026 segment operating profit outlook

The company now expects cash from operations of $10 billion to $10.2 billion for 2026, and said it sees all four segments growing on a top-line basis next year.

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Lockheed Martin said on its third-quarter call it now expects 2026 segment operating profit of $8.575 billion to $8.675 billion, up from the prior outlook. Chief Financial Officer Evan Scott said the company sees clear line of sight to high single-digit revenue growth next year.

Scott said a pension contribution of more than $1 billion is required next year, and no decision has been made on pre-funding it this year.

Quotes from the call

“We expect segment operating profit of between $8.575 billion and $8.675 billion, also up from the prior outlook.”

Evan Scott, Chief Financial Officer

Key facts from the call

2026 segment operating profit outlook
$8.575 billion to $8.675 billion, up from prior outlook
2026 cash from operations outlook
$10 billion to $10.2 billion
Expected Ultra Maritime acquisition timing
Close in the fourth quarter, funded with cash on hand

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Source: Lockheed Martin's third-quarter 2026 earnings call, October 22, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

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